Legacy Iron Ore Ltd (LCY) AI Stock Analysis

• Market Cap: AU$74.38M
• Dividend Yield: N/A
• Average Volume (3M): 403.98K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.77
• Revenue Growth: 94.53%
• EPS Growth: 63.16%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.00
• Shares Outstanding: 9,917,419,000
• 10 Day Avg. Volume: 528,403
• 30 Day Avg. Volume: 403,981
• PEG Ratio: -0.02
• Price to Book (P/B): 3.24
• Price to Sales (P/S): 2.17
• P/FCF Ratio: -3.75
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: AU$0.01 ▲(0.00% Upside)

The overall stock score is primarily influenced by financial performance, which shows strong revenue growth but significant profitability and cash flow challenges. The lack of technical indicators and negative valuation metrics further contribute to a lower score.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market reach and potential for increased market share in the iron ore sector.

Stable Balance Sheet

Minimal leverage reduces financial risk, providing a solid foundation for future growth and investment opportunities.

Project Development

Advancing key projects enhances long-term value and operational independence, positioning the company for future success.

Negative Factors

Profitability Challenges

Ongoing profitability issues highlight the need for improved cost management and operational efficiency to achieve sustainable profits.

Cash Flow Issues

Cash flow challenges can limit the company's ability to invest in growth and may strain financial stability over time.

Investment Strain

High investment in exploration may pressure cash reserves, requiring careful management to avoid liquidity issues.

Legacy Iron Ore Ltd Business Overview & Revenue Model

Company Description

Legacy Iron Ore Ltd (LCY) is an exploration and development company focused on the iron ore sector in Australia. The company is engaged in the exploration of iron ore projects, primarily located in Western Australia, and aims to identify and develop high-quality iron ore resources to meet the growing demand in global markets. LCY's core products revolve around iron ore, which is essential for steel production, and the company is dedicated to advancing its projects through exploration, resource estimation, and potential mining operations.

How the Company Makes Money

Legacy Iron Ore Ltd generates revenue primarily through the exploration and potential future mining of iron ore deposits. The company may secure revenue streams from the sale of iron ore products once its projects are developed and operational. Key revenue streams include the sale of iron ore to domestic and international markets, where the demand for iron ore is driven by the steel manufacturing industry. Additionally, LCY may engage in partnerships or joint ventures with other mining companies to leverage their expertise and resources, which can enhance its operational efficiency and reduce exploration costs. Factors contributing to the company's earnings include fluctuations in global iron ore prices, the successful discovery of economically viable iron ore resources, and the ability to secure offtake agreements with buyers.

Legacy Iron Ore Ltd Financial Statement Overview

Summary

Legacy Iron Ore Ltd faces significant profitability challenges despite impressive revenue growth. The balance sheet remains stable with low leverage, yet cash flow issues might hinder long-term financial health. Improving operational efficiency and cash management could enhance financial stability.

Income Statement

Legacy Iron Ore Ltd has shown significant revenue growth, with a sharp increase from $2.08 million in 2024 to $43.34 million in 2025. However, the company struggles with profitability, as indicated by negative EBIT and net income figures throughout the years. Despite high revenue growth, margins remain negative, reflecting operational inefficiencies and high costs relative to revenue.

Balance Sheet

The company maintains a relatively stable financial position with a strong equity base, evidenced by stockholders' equity consistently exceeding total liabilities. The debt-to-equity ratio is low, indicating conservative leverage use. However, declining total assets over recent years might suggest asset utilization concerns.

Cash Flow

Cash flow analysis reveals challenges, with negative operating and free cash flows highlighting liquidity issues. The operating cash flow to net income ratio is consistently negative, suggesting inefficiencies in cash management. Despite this, the company has managed positive financing cash flows, indicating reliance on external funding.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	56.16M	43.34M	2.08M	50.00K	0.00	0.00
Gross Profit	49.80M	28.75M	2.08M	-11.16K	-82.50K	-51.75K
EBITDA	-7.00M	-19.33M	-9.53M	2.07M	-923.10K	-636.50K
Net Income	-13.37M	-27.95M	-9.59M	2.01M	-1.01M	-693.13K
Balance Sheet
Total Assets	37.29M	37.96M	47.22M	25.61M	23.61M	24.21M
Cash, Cash Equivalents and Short-Term Investments	10.98M	11.14M	15.26M	9.74M	7.51M	10.34M
Total Debt	0.00	18.47K	49.77K	82.29K	24.00K	69.62K
Total Liabilities	10.39M	9.01M	12.31M	288.79K	290.53K	322.43K
Stockholders Equity	26.90M	28.94M	34.90M	25.32M	23.32M	23.89M
Cash Flow
Free Cash Flow	-6.88M	-25.02M	-13.50M	579.48K	-2.33M	-2.80M
Operating Cash Flow	-6.85M	-16.60M	-9.95M	2.01M	82.50K	-648.49K
Investing Cash Flow	-13.26M	-15.47M	1.83M	3.79M	-8.30M	-1.80M
Financing Cash Flow	22.18M	22.18M	16.78M	-41.24K	-45.61K	2.94M

Legacy Iron Ore Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
EQR	55 Neutral	AU$354.04M	-4.67	-84.61%	―	149.43%	1.20%
FHE	55 Neutral	AU$125.40M	-6.73	-21.39%	―	―	-280.00%
ORN	51 Neutral	AU$161.43M	-11.76	-11.80%	―	―	-88.89%
AGE	46 Neutral	AU$102.05M	-16.43	-8.25%	―	―	-55.56%
LCY	43 Neutral	AU$74.38M	-7.14	-59.50%	―	94.53%	63.16%
MTH	41 Neutral	AU$83.96M	-14.63	―	―	―	54.26%

Legacy Iron Ore Ltd Corporate Events

Legacy Iron Ore Transitions Mt Celia Gold Project to Owner-Led Development Strategy

Legacy Iron Ore Ltd has concluded Phase I mining operations under the Right to Mine Agreement at its Mt Celia Gold Project and is shifting focus toward an owner-led development strategy, including plans for on-site heap leach processing infrastructure. The company will continue to receive fixed monthly payments of $0.3 million until stockpile haulage is completed, with scoping studies for long-term growth underway, signaling preparation for future expansion and enhanced operational efficiency.

Legacy Iron Ore Reports Progress in Key Projects for September 2025 Quarter

Legacy Iron Ore Limited has reported significant progress in its South Laverton and Mount Bevan projects for the quarter ending September 2025. In the South Laverton Project, the company executed six ore sales to Paddington Mill and completed a drilling campaign to support waste rock characterization studies. Additionally, metallurgical test work and feasibility studies are underway for a potential on-site processing facility. In the Mount Bevan Project, Legacy Iron has submitted a mining lease application and advanced access agreements for hydrogeological programs. Environmental surveys and studies to validate logistics costs are also in progress, indicating a strategic push towards enhancing project value and operational independence.

Legacy Iron Ore Ltd Reports Quarterly Cash Flow with Investment Focus

Legacy Iron Ore Ltd’s quarterly cash flow report for the period ending September 30, 2025, shows a net cash inflow from operating activities, with receipts from customers slightly exceeding production and administrative costs. However, the company experienced a net cash outflow in investing activities, primarily due to expenditures on exploration and evaluation assets. The overall cash position slightly decreased over the quarter, reflecting the company’s ongoing investment in its exploration projects.

Legacy Iron Ore Ltd Releases Interim Financial Report for September 2025

Legacy Iron Ore Ltd has released its interim financial report for the six-month period ending September 2025. The report provides insights into the company’s financial performance during this period, although specific details about the impact on operations or implications for stakeholders are not provided in the release.